See every side of every news story
Published loading...Updated

Ripple CEO: SEC drops appeal of case against crypto company

  • Ripple CEO Brad Garlinghouse announced the SEC would drop its appeal.
  • The SEC initially sued Ripple in 2020, alleging violations of securities laws.
  • Ripple fought back, arguing the lawsuit demonstrated government overreach on crypto.
  • Garlinghouse stated, "Today is a victory, and a long overdue surrender by the SEC."
  • Following the announcement, XRP's value surged about 11%, showing market reaction.
Insights by Ground AI
Does this summary seem wrong?

108 Articles

All
Left
3
Center
12
Right
2
The Southwest Iowa News SourceThe Southwest Iowa News Source
+15 Reposted by 15 other sources
Center

Ripple CEO: SEC drops appeal of case against crypto company

(The Center Square) – The U.S. Securities and Exchange Commission under the Trump administration is dropping its appeal in its lawsuit against Ripple, a blockchain-based digital payment company, Ripple CEO Brad Garlinghouse said Wednesday.

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 71% of the sources are Center
71% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Crypto Briefing broke the news in on Wednesday, March 19, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.